STRs specifically have supercharged our passive income goals and cut down our initial goal of a 10 yr run to get where we want to be in half. 

I assume cut value by 20%?

Back in the world of 3% rates, you could get a HELOC instead of the primary mortgage and lower your daily balance and cut down the life of the loan significantly.  

He announced on IG stories that a morbidly obese tenant had to be removed by paramedics by cutting a huge hole in the front of the house.

This a great option for high income earners who simply do not have the time for real estate.

If the claim can be disputed, OTA disputes it and makes it hard to collect and the host may simply give up.i think pm, airBnB, guest and LL all know who was responsible for the vape in the toilet, but ota did not charge guest or pay for it and gave the guest a discount (a discount for an issue that the guest was responsible for).  

If I had been tracking the assets via accounting, I would simply make a journal entry showing the LLC's assets and liabilities going to zero and transferring them to the Holding LLC or the LLC Members.

In short, don't cut corners and it will profit you later.

Will they be doing other types of work like getting through the financing, becoming the guarantor, finding the deals, crunching the numbers, doing the accounting, or are they just simply doing less work?

Given the details you provided, I personally might not want to settle this in mediation with this tenant however as I'd probably just want a judge to cut through the BS and tell them to pay up and get out at this point.